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Auto Insurers Cry About Having to Provide Auto Insurance

Posted by Sami Thalji | Sep 24, 2021 | 0 Comments

The latest CPI showed the auto insurance prices up 16.9% in May, following a 6.4% increase in April. Those increases only bring premiums back in line with pre-pandemic levels. Auto insurers are facing cost challenges including a return to driving, higher repair costs and delays in repair time due to chip shortages, supply chain disruptions and a labor crunch.

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